Novo Nordisk (NVO) Stock: Drops as Company Repurchases 41.7M Shares Under $15B Plan

TLDR Novo Nordisk stock fell 0.30% to $40.33 despite continued share repurchases. Novo Nordisk repurchased 41.7 million B shares worth DKK 11.56 billion. The company’s latest buybacks added 1.44 million shares between October 26 and November 2. Novo Nordisk accumulated 55.7 million treasury shares, representing 1.2% of capital. The pharmaceutical company has used 77.1% of [...]

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